When people buy products, they are in lots of instances not buying physical, finished items but conduits for evolving experiences. Companies should recognize this new “co-ownership” paradigm with prospects and work to design their products and ecosystems to accommodate ongoing change. The full potential of AI has moved beyond being a mere automation of simple tasks to being a robust collaboration software between human employees and machines. Successful companies will perceive the importance of context in human-machine interplay and reap the benefits of advances that help them collaborate on a larger scale. This will position companies to reimagine all features of their whole business from the ground up.

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Indeed, automation threatens repetitive jobs but hi...

When individuals purchase merchandise, they are in lots of circumstances no longer buying physical, finished items but conduits for evolving experiences. Companies should acknowledge this new “co-possession” paradigm with customers and work to design their products and ecosystems to accommodate ongoing change. The full potential of AI has moved past being a mere automation of easy duties to being a powerful collaboration device between human employees and machines. Successful companies will understand the significance of context in human-machine interplay and take advantage of advances that assist them collaborate on a bigger scale. This will place companies to reimagine all aspects of their whole business from the bottom up.

One of the main gamers in cloud robotics research is Robo B...